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Technology Stocks : Network Appliance -- Ignore unavailable to you. Want to Upgrade?


To: im a survivor who wrote (6040)2/1/2001 1:38:21 PM
From: Dave Gore  Read Replies (2) | Respond to of 10934
 
FWIW --- EMLX had good guidance after earnings. EMC pretty good, too, so we may see buying prior to earnings again. I probably won't hold through earnings though as I usually don't. Incidentally EMLX has a higher forward PE than NTAP does now.

19-Jan-01
13:00 -- 14:00 ET

Emulex (EMLX) 103 5/8 +6 1/2: AG Edwards upgrades to BUY from ACCUMULATE rating and price target of $125 based on company's bullish
outlook for 2001; Says EMLX is the "fifth horseman" of storage along with (EMC), (BRCD), (NTAP) and (VRTS); company recently boosted its
guidance for sequential revenue growth in fibre channel revenues from 20-25% to 25-30%.